Protocols

"Uniswap’s unique architecture sheds the concept of a limit order book entirely. Strangely, market makers no longer specify price when providing liquidity. Instead, they merely supply the funds and Uniswap takes cares of the rest."

"Transaction privacy is a fundamental requirement for many kinds of financial services, and the inability to provide this privacy has prevented Ethereum from providing compelling alternatives to traditional financial instruments."

"I have been skeptical about Turing complete on chain computation for a long time. Many early proponents took the position that there is no issue because a mechanism such as Ethereum’s gas limits how long a computation can run."

"Most people think #Bitcoin’s PoW is “wasteful.” In this article, I explore how everything is energy, money is energy, energy usage is subjective, and PoW’s energy costs relative to existing governance systems.* This article is a collection of direct thoughts from many individuals in the space — my value add was in the aggregation, distillation, and combination of narratives."

The whitepaper. "We introduce a plasma sidechain designed specifically for non-custodial, high-speed, low-latency trading. We explore extending the value proposition of plasma to a financial institution using comprehensive set of fraud-proofs to enforce correctness and voting to handle data unavailability."

"Many details of how Ethereum 2.0 will work are available today, and multiple teams are already working on implementations of it. One large component for which neither spec nor any detailed info is available today is the shard chains."

"Bulletproofs, was originally published in a 2017 whitepaper from Stanford University and quickly became an area of research within the blockchain community. With the announcement, Monero becomes the first cryptocurrency to adopt bulletproofs as a privacy protocol."

"The Raiden Network relies heavily on nodes being able to exchange messages in a timely manner in order to facilitate token transfers. Hence, the transport of these messages is a crucial component of the Raiden Network."

"Atomic Swaps has the potential of completely revolutionizing the money transfer system in the crypto world. To put it in simple terms, atomic swaps will enable people to directly trade with one another wallet-to-wallet."

".eth domains are handled by a Vickrey Auction—the winner only pays as much as the second place bidder was willing to spend. If I had bid what the domain was actually worth to me, maybe I’d really appreciate this feature. However I didn’t take the process seriously and as a result I lost it all. Fueled by remorse I began a post-mortem to understand exactly how my adversary had foiled me."